CPI Report: US inflation reaches lowest point since February 2021 | AP News
Oct 10, 2024 · Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
CPI report updates: Inflation rises slightly | AP News
Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month.
US consumer price increases accelerated last month with inflation ...
1 day ago · Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core inflation has fluctuated between 2.6% and 2.8% since February. Price increases have remained elevated in services, including apartment rents, restaurant meals, and car and home insurance.
PCE inflation October 2024 - CNBC
2 days ago · The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Stubbornly high US inflation grew stronger than expected in March - CNN
Apr 10, 2024 · Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the...
Live Updates: Inflation Runs Hotter Than Expected
Apr 10, 2024 · The moves followed a consumer inflation report that came in hotter than expected, with prices rising 3.5 percent in March from a year earlier, marking another month of stubbornly high inflation.
Inflation Cooled Slightly, Offering Some Relief for Consumers and …
May 15, 2024 · Inflation fell rapidly last year, giving rise to hopes that the Fed was on the verge of succeeding in its effort to rein in price increases without causing a recession, and that the...
Inflation hit a bump in October after slowing for six straight …
Nov 13, 2024 · The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
US consumer price increases accelerated last month with inflation ...
1 day ago · Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed's preferred measure. Yet yearly core inflation has fluctuated between 2.6% and 2.8% since February.
Inflation report: US CPI shows prices fell in June for the first time ...
Jul 12, 2024 · Falling gas prices as well as a drop in new and used car prices helped to usher in the first month-on-month decline since May 2020, BLS data showed. On an annual basis, consumer prices are...